Refer to Figure 28-9. A supply shock, such as rising oil prices, would be depicted as a movement from
A) C to E to B. B) C to D to A. C) C to B to A. D) A to B to C. E) A to D to C.
E
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Charlotte Reeder lost her job in a company layoff two years ago. She tried for one solid year to find employment but failed to get an interview. She has since given up trying. Last week she was visited by the BLS and asked to describe her working status. She explained what she did and the BLS recorded her as being
a. a member of the labor force who is temporarily employed b. a member of the labor force who chooses not to be employed c. a member of the labor force who is underemployed d. a discouraged worker who is not a member of the labor force e. now structurally unemployable
Most goods whose purchases are included in the investment component of GDP are used to produce other goods in future periods
a. True b. False Indicate whether the statement is true or false